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1) Keep it entertaining and fun
to do, while playing intelligently, and the small
house advantage in the game of your choice will
be a small price for you
to pay for that entertainment.
2) Give yourself a limit in time
and money spent for this entertainment, treating
it as
any other recreational sport. You wouldn't agonize
through three double head
days of baseball back to back, or a marathon viewing
session of three, four or five hockey games in one
night, so don't over do this form of sport either.
Making Your Money Count For Football
Bets
Gamblers
or prospective gamblers beware! Most gambling hype
you read, see, or hear in regard to betting
sports is misinformed, erroneous or simply
designed to take your money before you even place
a bet. In order to be successful sports bettor,
you have to have skills in money management, play
selection, a good attitude, and reasonable expectations
as to what you can expect to win if you are successful.
Let me give you a method of money management as
an eye opener:
|
Size of Bet
|
Minimum Bankroll
|
|
|
|
|
$20 - $30 per game
|
$1,000 - $2,000
|
|
$40 - $50 per game
|
$2,000 - $3,000
|
|
$100 per game
|
$5,000
|
|
$500 per game
|
$25,000
|
Most
players start the season with absolutely no clue
as to how much capital it takes to withstand the
ups and downs of a typical football season. You
should give yourself enough money to have a chance
all year. Sports betting is nearly always
full of streaks.
Even with great handicapping, you’re still going
toolset 40 percent of your bets, so be prepared.
You've got a bankroll, so what’s next? Divide it
up as follows:
|
Bankroll
|
Average Bet
|
College
|
Pro
|
Reserve
|
|
|
|
|
|
|
|
$1,000
|
-$25
|
$400
|
$400
|
$200
|
|
$2,000
|
-$50
|
$800
|
$800
|
$400
|
|
$5,000
|
-$100
|
$2,000
|
$2,000
|
$1,000
|
|
$25,000
|
-$500
|
$10,000
|
$10,000
|
$5,000
|
Here
is the important part. Never risk more than 25 percent
to 30 percent of your bankroll on any week. In other
words, if you like 5 pro games you will bet 6 percent
of our bankroll on each game. On the best plays
you will bet 8 percent and maybe
2 to 3 times a year you will find a game that’s
worth 10 percent of your bankroll.
If you love a lot of action, simply drop your bet
size (2 percent to 3 percent), but never risk more
than 33 percent of your bankroll in one day. If
you win one week, your bankroll is larger so you’ll
automatically increase your bets as you win
and conversely decrease your bets as you lose. The
purpose of the reserve is to recapitalize one of
your
bankrolls if the season starts out cold and you
hit an early losing streak. In a typical year you
should be cautious weeks 1 – 4, be bold weeks 5
– 12, and then revert to caution until the play-offs
and bowl games.
This
is a simple money management scheme and we’ll coach
you on taking profits or when to use your reserve
as the season progresses. There are more sophisticated
methods of money management available, but for most
people this method should work just fine. We will
keep track of our hypothetical bankrolls using this
method.
This should give you a start in the right direction.
As the year progresses we will discuss how a football
season is really 4 seasons, each of which must be
bet differently. We'll discuss the importance of
the line or point spread and which line moves are
significant and which aren’t, as well as recap for
you weekly where the syndicate (Gambling Syndicate)
money was placed as well as how the sports books
themselves actually fared. We trust you will find
reading us enjoyable and informative and look forward
to the season.
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